According to the public record, Flat 61, Albion Gate, London is a early-century apartment with 1,175 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Albion Gate, Albion Street, London, W2.
Albion Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 61, Albion Gate, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2008.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 61 Albion Gate London as £1,808,138 and the rental value as £5,894 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Flat 61 Albion Gate London has increased by £45,909 (2.5%) and its rental value has increased by £375 per month (6.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 61, Albion Gate, London is in very good condition we estimate a sale value of £1,898,544 and rental value of £6,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,681,568 and a rental value of £5,482 per month.
If you were able to purchase this property for the estimated value of £1,808,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,886 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 61, Albion Gate, London was last sold on 28 Jul 2000 for £396,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 61, Albion Gate, London within a radius of 330 metres over the last 2 years.
The most recent example is Flat 64, Albion Gate, Albion Street, London, W2 2LA, a Leasehold flat which sold for £1,900,000 in Dec 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Street, London, W2 has a total of 84 addresses. According to our analysis of all the public data, Flat 61, Albion Gate, London is the 71st largest and the 67th most expensive property on the street.
When compared to the postcode district it is £694k more expensive than the average property in W2.
Flat 61, Albion Gate, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Nov 2008.
The property is connected to mains gas and has partial secondary glazing. It is heated using a community scheme.
The closest station to Flat 61, Albion Gate, London is Marble Arch station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 61, Albion Gate, London, 60.8% of property is privately rented and 24.8% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 61, Albion Gate, London, 29.0% of residents are recorded as possessing school level qualifications and 49.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 61, Albion Gate, London, the average age was 37.1 and the most common age was 22.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 61, Albion Gate, London, 2.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 61, Albion Gate, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.